CFTC and SEC Double Down on Crypto After Clarity Act Defeat

Crypto Insight Summary: Michael Selig and Paul Atkins pledged to use their agencies’ existing powers to provide crypto regulatory certainty after the Senate failed to advance the bill. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Increased regulatory scrutiny may dampen investor sentiment.